Affidavit Of Collection, Disbursement, And Distribution: This is an official form from the North Carolina Administration of the Courts (AOC), which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by North Carolina statutes and law.
The High Point North Carolina Affidavit of Collection, Disbursement, and Distribution is a legal document used to detail the process and allocation of assets in a deceased person's estate. This affidavit is required when there is no formal estate administration or probate proceeding necessary. It provides a way to collect, disburse, and distribute the deceased person's assets without the need for court involvement. Keywords: High Point, North Carolina, Affidavit of Collection, Disbursement, Distribution, legal document, estate, deceased person, assets, probate proceeding, court involvement. There are two types of High Point North Carolina Affidavit of Collection, Disbursement, and Distribution: 1. Small Estate Affidavit: This affidavit is used when the total value of the deceased person's assets does not exceed a certain threshold determined by state law. It provides a simplified alternative to traditional probate proceedings, allowing for the collection, disbursement, and distribution of assets without court involvement. 2. Affidavit of Warship: This affidavit is used when there is no will and the deceased person's assets need to be transferred to the rightful heirs. It establishes the identity and relationship of the heirs, confirming their entitlement to the assets. In both types of affidavits, the executor or personal representative of the deceased person's estate, and the heirs, must complete and sign the document. It includes relevant information such as the deceased person's name, date of death, assets, and the intended recipients or beneficiaries of the assets. The High Point North Carolina Affidavit of Collection, Disbursement, and Distribution simplifies the transfer of assets from a deceased person's estate without the need for formal probate proceedings. It streamlines the process while ensuring that the assets are correctly disbursed according to state laws and the intentions of the deceased.The High Point North Carolina Affidavit of Collection, Disbursement, and Distribution is a legal document used to detail the process and allocation of assets in a deceased person's estate. This affidavit is required when there is no formal estate administration or probate proceeding necessary. It provides a way to collect, disburse, and distribute the deceased person's assets without the need for court involvement. Keywords: High Point, North Carolina, Affidavit of Collection, Disbursement, Distribution, legal document, estate, deceased person, assets, probate proceeding, court involvement. There are two types of High Point North Carolina Affidavit of Collection, Disbursement, and Distribution: 1. Small Estate Affidavit: This affidavit is used when the total value of the deceased person's assets does not exceed a certain threshold determined by state law. It provides a simplified alternative to traditional probate proceedings, allowing for the collection, disbursement, and distribution of assets without court involvement. 2. Affidavit of Warship: This affidavit is used when there is no will and the deceased person's assets need to be transferred to the rightful heirs. It establishes the identity and relationship of the heirs, confirming their entitlement to the assets. In both types of affidavits, the executor or personal representative of the deceased person's estate, and the heirs, must complete and sign the document. It includes relevant information such as the deceased person's name, date of death, assets, and the intended recipients or beneficiaries of the assets. The High Point North Carolina Affidavit of Collection, Disbursement, and Distribution simplifies the transfer of assets from a deceased person's estate without the need for formal probate proceedings. It streamlines the process while ensuring that the assets are correctly disbursed according to state laws and the intentions of the deceased.
